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Nov 1, 2012
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in washington, boston, newark, and new york's john f. kennedy, airport operations are returning to normal. flightaware estimates 2,800 flights were canceled today, down from a peak of almost 8,000 on monday. tomorrow, 530 flights have been officially scrapped, but that will grow, if as seems likely, laguardia has trouble opening tomorrow. add it up and airlines took a big hit from sandy. >> you can multiply 18,000 canceled flights by a few tens of thousands of dollars in revenue per flight and you're well north of $100 million in lost revenue. some of it they will be able to recover by flying flightmore full over the next week, but a lot of it is gone. >> reporter: if it rolls on the ground, recovery will take longer.mo amtrak is providing limited service south and north of new york. but it gave no estimate for when flooded tunnels will be cleared and service restored into new york's penn station. darren gersh, "n.b.r.," washington. >> sie: the crippled transportation system is a big headache for feiex, joining us paul tronsor. he runs f
in washington, boston, newark, and new york's john f. kennedy, airport operations are returning to normal. flightaware estimates 2,800 flights were canceled today, down from a peak of almost 8,000 on monday. tomorrow, 530 flights have been officially scrapped, but that will grow, if as seems likely, laguardia has trouble opening tomorrow. add it up and airlines took a big hit from sandy. >> you can multiply 18,000 canceled flights by a few tens of thousands of dollars in revenue per...
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Nov 1, 2012
11/12
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knowing what e know does philadelphia, does boston, does new york have to use a changed municipal math to run its daily affairs because of threats of these kinds of things? joe kromm? >> well, i think as governor cuomo said, it'sro a new normal but we have old infrastructure. i think if f you listen to client scientists -- if we had listened to climate sientists who worned, no could flood like this, that storm surges were going to increase as the sea levels rose because of gobel warming and because of more intense storms we might have prevented it. now i think we need to listen to climate scientists who are warning that sea levels could rise, two feet-- as you heard-- by the middle of the century but three, four, five and six feet by the end of the century. so our choices are twofold. we should reduce greenhouse gas emissions so we're on the low end of future warming estimates and secondly we've got to start preparing for the storms that we are stuck with, like hurricane sandy. >> suarez: he used the word "prudence." what is prudent at this point? >> that's the question. i agree we hav
knowing what e know does philadelphia, does boston, does new york have to use a changed municipal math to run its daily affairs because of threats of these kinds of things? joe kromm? >> well, i think as governor cuomo said, it'sro a new normal but we have old infrastructure. i think if f you listen to client scientists -- if we had listened to climate sientists who worned, no could flood like this, that storm surges were going to increase as the sea levels rose because of gobel warming...
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Nov 1, 2012
11/12
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art hogan joins us from boston. good morning to you. >> good morning. >> is this what you expected? china pmi decent. not sure if people expected 1% out of that. >> it's interesting. we've seen an improvement over the last month or so in the economic ad calendar across the board. while that's happening, we're seeing real sloppy earnings season. the contradictions here are loud and clear. what i think we're seeing, the fact we went from june to september. since then, we're getting back about 4% on the s&p, about 6.2% on the nasdaq. we've had a bit of a correction into this earnings season and didn't expect better than expected numbers out of china for sure, but the consistency out of the improvement was catching everybody by surprise and probably portends something for tomorrow's job numbers. >> given the fact that not every trading desk is fully staffed, who know what is d order flow is like given what's normal. that niese numbers at the dow, even the s&p's may not be accurate, relative to sentiment? >> it's interesting that you point that out. when you try to figure out if moves ge
art hogan joins us from boston. good morning to you. >> good morning. >> is this what you expected? china pmi decent. not sure if people expected 1% out of that. >> it's interesting. we've seen an improvement over the last month or so in the economic ad calendar across the board. while that's happening, we're seeing real sloppy earnings season. the contradictions here are loud and clear. what i think we're seeing, the fact we went from june to september. since then, we're...
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washington, of course, baltimore, philadelphia, boston. the number of canceled flights yesterday, about 2,900. most of those new york flights. today, we got about 600. somewhere between 570 and 600 flights canceled today, that brings to about 21,000 now. the total number of flights canceled since just before sandy and through this storm. amtrak update for you now. amtrak says it will provide modified northeast regional service between boston and new haven today and between newark and points south starting today. i want to give you an update on the subway system, as well, here. there is some subway activity north of 34th street, but below 34th street, almost nothing. and that has been a real problem for folks in new york city. all of this having a big impact on travel. if you're driving into manhattan today, the mayor has ordered you cannot be in a car with fewer than three people. i've already received e-mails and tweets and texts from friends who are trying to drive into manhattan. they say it is a mess. yet again today over the george wa
washington, of course, baltimore, philadelphia, boston. the number of canceled flights yesterday, about 2,900. most of those new york flights. today, we got about 600. somewhere between 570 and 600 flights canceled today, that brings to about 21,000 now. the total number of flights canceled since just before sandy and through this storm. amtrak update for you now. amtrak says it will provide modified northeast regional service between boston and new haven today and between newark and points...